Automotive Grade Opamps Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
- Transparency Market Research
Ideal opamp is a kind of amplifier having vast input impedance, zero output impedance, boundless open-loop gain, zero noise and infinite bandwidth. It has got both positive and negative inputs which actually allow the circuits which use feedback to achieve a very wide range of function.The growth of automotive grade opamps market is highly reliant on the growth of overall automotive market in hybrid and electric vehicles on a global level.
For purpose of in depth analysis, the automotive grade opamps market has been segmented on the basis of voltage range, applications and geography. Based on the voltage range the market has been segmented into four types those are 12V, 15V,+/-5V and others. Various types of applications of automotive grade opamps include application in current sensor, accelerometer, temperature sensor and barometric pressure sensor. Moreover, this report also provide cross functional analysis of all the above mentioned segment across different regions such as Europe, North America, Asia Pacific, Middle East and Africa and Latin America.
Increasing demand of low quiescent current and stable unity gain in automotive applications are the major growth driver for the automotive grade opamps market. Therefore, the growing need of high gain bandwidth with advanced CMOS process is the main factor anticipated to catalyze the growing demand of automotive grade opamp during the forecast period from 2017 to 2025. In addition, greater fuel economy and advancement towards digitization and application density towards the automotive industry is creating higher amount of noise generated in the environment and to remove this noise issue opamps are being used to remove the noise generated by the automotive sensor applications. Automotive grade opamps are also being used for the purpose of addressing the most challenging signal chain requirement like infotainment, powertrain, and advance safety and chassis electronics system .In turn this is also projected to affect the market of automotive grade opamps in a positive manner during the forecast period.
Inspite of many driving factors, the automotive grade opamps market is expected to show a shrink and fluctuation in growth rate because of the instability in the circuits where the opamp is required to supply large output current into the load. Threat of destruction of microcontroller by opamp by railing out positive voltage and threat to processor by railing out negative voltage are the restraining factors for the global automotive grade opamps market. The growing demand for automotive opamp for the purpose of reducing automotive noise is going to create significant opportunity for automotive grade opamp in the coming years in the forecast period from 2017-2025.
By voltage range, the 15V segment held the largest market share because of its maximum range to tackle the maximum edge cases. However, the other segments are projected to achieve substantial growth during the forecast period. Ease of operations and high positive and negative voltage range makes it the most appropriate choice for various automotive and industrial applications.
Geographically, the global automotive grade opamps market is mainly driven by Asia Pacific region. Growing demand of electric, fossil fuel and hybrid vehicles in APAC region is driving the market of Asia Pacific region. Rapidly growing demand of automotive grade opamp to reduce the sensor noise in automotives is predicted to fasten the market demand for automotive grade opamps in the forecast period. This region is expected to maintain its dominance in the market during the forecast period owing to the presence of huge number of opamp manufacturers in this region.
Some of the leading players operating in the automotive grade opamps market includes Microchip, STMicroelectronics, Analog Devices Inc., ROHM, Texas Instruments, API Technologies Corp, Fairchild Semiconductor and NXP Semiconductor among others.
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